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for the future. >>> myanmar's opposition leader aung san suu kyi has called on india to support her country as it moves towards democracy. aung san suu kyi made the call in new delhi, india, on wednesday where she's visiting for the first time in 25 years. she asked india to support the people of myanmar as they continue to strive toward their goal of creating a democratic state. >> as long as our peoples remain bound in understanding and mutual respect, the friendship between our two countries will last far into the future. >> in a speech she cited her own close relationship with india, referring to the period when she lived there. at that time her mother was serving as then burma's ambassador to india. ahead of the lecture she exchanged views with india's prime minister singh about the process of bringing democracy to myanmar. >>> afghanistan produces more than 80% of opium circulating around the world and trade in the drug threatens to destabilize the entire region. politicians from several nations have been meeting in the pakistani capital islamabad to discuss ways to tackle the problem
will be watching very closely is india. one of china's largest trading partners. a rather unequal relationship. exports -- giant -- a three-time is from china to india. apparently the religious has been improving recently. trade ministers left where china assured india of greater market access. let's listen to what the indian finance minister has been saying about that relationship. >> china is an important country for india. they are a neighbor. they are the largest trading partner. and we remain engaged. at the same time, continue trying to create a balance because there is an adverse balance of trade, and we are seeking market access to companies -- in be in pharmaceuticals. i hope it will happen. >> slightly closer to home for us. we heard about the european growth forecast plummeting. what can they do and what and the european central bank can do about it with interest rates? >> we will be hearing from the ecb in about a half an hour's time. the expectation is they are going to keep interest rates steady at 0.75%. more interestingly will be what mario draghi actually says after that meeti
today. >>> now, still to come on the program, the latest gdp figures out of india have disappointed. we'll ask what it takes to boost growth now. >>> welcome back. these are your headlines. mario draghi turns up the heat on eurozone governments, says not to rely solely on the ecb. >> the crisis has shown that we were living in the fairy world in the sense that we underestimated our amount of our equilibrium. >> and a greek tee fault could be the end of the euro. and japan posts surprisingly strong industrial output in october and the government announces yet another stimulus package sending tokyo stocks to a seven month high. and president obama takes his case for tax hikes for the wealthy to the american people as the war of words between democrats and republicans over the fiscal cliff heats up. european markets not so much of a fairy world if we can use the draghi expression. a little higher. xetra dax leading the way up 0.3%. cac 40, ftse 100 on its heats. ibex 35 is lower. bond space shows pretty positive attitude, as well. yields falling in spain, italy again this morning. 5.35%, 4
to the rebels. and that india has executed the sole surviving gunman from the 2008 bombe attacks -- bombay attacks. he was hanged in a prison in india. he was one of 10 gunman who launched terrorist attacks four years ago this month, killing 166 people. >> time to get to sports now. in soccer, there was a full slate of champions league group stage games tuesday night. in group f, bayern munich split the points with valencia, meaning they are through to the knockout states. >> in group, barcelona was victorious. >> chelsea's defeat has led the team put the chances of regression hanging by a thread. >> no wonder then that the club has set its coach. he only took over the team back in march and led it to the champions league last season, but in a statement on its website today, chesley said recent performances and results were simply not good enough -- chelsea said recent performances and results were simply not good enough. i'm only a win will do. a draw would leave them having to leave their last match to get through. >> the squat look relaxed as they prepare for their match. they know that
and look at the issues that have to do with pakistan's relationship to india the issues that have to do with the sequence of events that will take place after 2014 when the american focus once again as steve mentioned, when the american focus become somewhat less on our relationship to counterterrorism and opens the door for more creative ways of business, academic, media and other links with pakistan that has suffered in last 10 years because of our focus. i guess i come out out of your question answering that i'm cautiously optimistic that there were two things on the rails which if you know what happened over the last two years is not an easy thing. it was kind of like rolling down the side of the -- with rocks and cactus is is an you don't know how far the ripping go so when i see these keeping things on track it's not easy to keep things on track and pakistan is the way it is mismanaged and the difficulties in our relationship but if we are able to do so after 2014 there will be a prospect that we can open up to new kinds of cooperation if we are not slaves to a bilateral vision ba
's hit the twicker here. >> this is what's trending right now. the most celebrated holiday in india is today and thus trending an twitter now. during this time we typically see a strong uptick in gold consumption in india as it's considered auspicious and lucky to purchase gold according to the world gold council. india is battling a slowdown in growth, currency depreciation, factors that could impact gold demand this season. we asked gold bugs what they thought. take a look at what the tweeters had to say. george tweeted the voly doesn't matter. buy and hold and add to positions on significant price breaks. jeff tweets, forget the festival, have 5% in gold and silver at all times. lastly, lewis tweeted in the lackluster market all that glitters just might be gold. buy the yellow metal. now, the twitter audi unfazed by the impact of the voly. on traders how closely should you watch the consumption and seasonal trends in india? we're talking about the biggest consumer of gold in the world. >> yeah, doesn't matter to you? >> not as much anymore. when you see china starting to really h
's relationship to india, the sequence of events that take place after 2014 when the americans focus, again, as steve mentioned, when the american focus becomes somewhat less on the relationship through counterterrorism and opens the door for more creative ways of business, academic, media, other links with pakistan that really suffered in the last ten years because of the focus on ct. i guess i come out to the question answering that i'm cautiously optimistic if we keep it on the rails, which if you know what happened over two years, it's not an easy thing, but like rolling down the side of a are vein, and you don't know how far the ravine goes. when i say "keeping things on track," it's not easy to keep things on track in pakistan because of the way it's mismanaged, because of the difficulties in the relationship, but if we are able to do so, i think after 2014, there will be a prospect to open up to new kinds of cooperation if we are not slaves to a bilateral vision that's based on this trust, but if we focus on the multilateral and regional issues leading to economic growth, relations w
steps as the philippines and india is taking counter measures. >> translator: don't read too much into the new design. we'll discuss this matter with related countries so people can cross borders freely. >> reporter: for the philippines and other countries it's difficult not to see the change as a china's two intentions especially as the countries making moves to get control over the south china sea. in july china formed a new body that governs the disputed islands in the south china sea. the new ordinance underpins the central government's hard line strategy. china's to leadership changed hands this month and the new regime is showing no sign of easing its tough stance on issues involving the philippines and other neighbors. >>> more low cost airlines began operating this year out of japan's airport. to succeed they have to overcome a serious problem. pil >> reporter: pilot training by a low cost company. it costs more than $1.2 million to train a pilot so budget airlines try to cut costs by hiring pilots already licensed. to expand their services low cost carriers need to hire m
of gold in their collective pockets. but they're not alone. china look set to overtake india as the world's top gold consumer this year. meanwhile, china's icbc bank says that within an economy on the mend, rising domestic income and new gold linked investment products in the offing, china's potential as a global gold haven is huge. even the pboc appears to be in on the act. the london bouillon market association says beijing may be mulling options to tack on more gold to its reserves soon. >> joining us now from hong kong, martin henekyp what is the diwali effect for gold and gold prices? >> demand has been quite reasonable as was mentioned despite the relatively weak indian economy and weak rupee. but you can't blame them if the rupee is very weak, what would you do if you don't have trust in the currency going forward. and we just had actually the indianville production figures out, they were weaker than expected, actually down for september 0.4%. negatively an expectation of 2.8%. and at the same time, the consumer prices rose by 9.75%. so somewhat of a stagflation there, but the econ
so long as done consistently. that's perfectly all right. one system i like is in place in india all passengers get a full manual pat down in a curtain booth by a member of the same-sex who is clearly trained to be courteous and respectful. private stores or other organizations who feel that the bulky clothing is a theft whether of shoplifting or terrorism could substitute a rule banning floor-length coats. they could have a body scanner the the door. but they don't presumably preferring customer friendliness to the extra margin of safety. what i want to establish is the discrimination inherent in the belief that it poses a unique security risk. reasonable security policy apply to similar cases are perfectly fine. a reasonable demand would be that a muslim womb -- woman have a full face photograph with suitable protection for modest i did during the photosession such a photoshould be required and most islamic scholars grow. i don't think it would be incompatible with equal liberty. however, we also know by now that the face is a very bad identifier. at immigration check point bs, eye
animals and jungle and things i suppose from africa or perhaps india, but a lot of animals in it. as to get closer to the pieces, you realize that these are actually coutoure pieces. it is as though you have tamed the jungle. there is the extraordinary leopard dress that tells you where the coutoure are and how many hours of workmanship are in there. so when you pay the bill, perhaps it is justified. [laughter] there is one that was 1,032 hours of hand or again beating. they're very few designers i can think of in coutoure who would do something like that. we were used to seeing coutoure very much what i would call salon clothing, a very beautiful and very delicate, but not with the sentence animal, vegetable, natural being brought into coutoure. was doing coutoure for use something that you wanted to make coutoure different are doing it -- did it make you different as a designer? >> it is difficult to answer that question. maybe for me, i did not go to fashion school. i learned through looking what was about fashion in tv. at that time, it was only coutoure. and ready to wear. i
diamond, which is described as internally flawless, came from ancient mines in india. it sold to an anonymous telephone bidder. it is the highest price per carry -- carat ever paid for a colorless diamond and well above the pre-sale estimate. >> we have to take a break, but when we come back, we will hone in on a country where the cash is not flowing so readily -- spain. >> after the break, we will touch on another challenge. >> that's in a minute. >> welcome back. the spanish government might soon have another problem to add to its plate. recent polls show that more than half of the citizens in the catalonia region want to break away from spain all together. >> if the party wins in elections, it could put more pressure on madrid for independence. catalonia is located in the country's northeast. its economy is strong, especially when compared to the rest of the country. many citizens and business leaders feel they are contributing more than they are getting back from their government. >> barcelona, the capital of catalonia, is an economic powerhouse. the regional push for inde
with a stable outlook for india. the agency mentioned a list of positives including india's high savings and investment rates, large diverse economy, but moody's did warn of credit challenges posed by india's weak infrastructure, high government debt and inflation. also under pressure partly due you to the country's strong reliance on imported crude. india is the world's fourthimpo may be some relief in sight. cnbc has more on the story live from new delhi. >> so this is a really big asset when talking about the field. field one will be producing 400,000 barrels a day. phase two producing 1 million barrels of oil every day. and conoco phillips announced an agreement for the $5 billion deal, but i would like to point out this deal is far from done. there are plenty of consortium partners when you're talking about it. for example shell, exxonmobile, all holding a a little over 16%. it will require all consortium partners. become when bp wanted to exit, in the end actually bought the stake, so we'll have to perhaps see a lot of work being done by conoco phillips to convince the partners to
neighboring countries have also reacted sharply to the chinese passport map. vietnam and india have taken similar countermeasures. the waters around the disputed islands in the south china sea are believed to hold large reserves of oil and natural gas. >>> china's rise. wealth, power and problems. an income gap divides its people. pollution threatens their health. and disputed seas strains relations with neighbors. find out the problems china faces on "newsline." >>> south korean leaders are looking to their counterparts in china to put pressure on north korea. a top envoy from the south is visiting beijing amid signs beonyang may soon attempt another missile long. lim sung-nam is the chief negotiate over pyongyang's nuclear problem. he'll meet with officials including the chair of the six-partyalks on the north korean program. he'll likely ask china to persuade the north to skrapt launch. u.s. analysts said recent satellite photos said pyongyang may fire another missile. north korean military leaders launched what they called a satellite from the same pace in april. western intelligence
and asian viewers today. still to come, india's parliament has opened its winter's session for what could be a tough first day back to business for the prime minister. we'll find out what opposition he faces from our correspondent in mumbai. we'll also find out why asian casinos are putting their chips on the table despite slow economic growth in the region. and obama saves cobbler, but many of his turkey friends will end up on the table today. we evaluate the cost of a thanksgiving dinner with a soft commodities expert. all of that and lent more coming up over the course of the next three hours. it's not just eurozone pmis. china's manufacturing activity expanded for the first time in more than a year this month. >> upbeat data today. according to the flash pmi, the country's manufacturing sector expanded in november coming in at 50.4. and that eat first time it went above the boom or bust level of 50 in 13 months. almost all the sub indices showed improvement. the output sub index also hit a 13 month high at 51.3. and the latest reading follows a series of data showing stronger exports
in a market like india. of course, we're all watching as that stock gets closer and closer closer to $500. talking to analysts here about whether they need to come out with a cheaper iphone to maintain momentum over the next three years. >> well, there's clearly a lot of opportunity in the low end of the market. now the question is if you're looking at a market like india or africa where it's very, very price sensitive, you're talking about phones that are in the sub-$100 range. we just cracked $100 and now we're pushing toward $50 on a phone. so that's probably not same-the-same kind of phone that a very high end manufacturer is going to go for. i think they'll probably try and stay at the top, but it's very hard to tell. obviously they are going to play out their strategies as it goes. >> something else you talked about today, i believe you mentioned it, qualcomm mentioned it in berlin. something called small cell. the idea that the tower model for how people get wire lesser vis is going to shift over the next three years to five years to something different, where maybe that home route
of egypt, india, algeria and africa clearly did not forget the progressives' view of educated elites and by their definitions were close to, quote, unworthy of life, unquote. but these trends would marinate for a decade. in the meantime, american prosperity continued spreading to the rest of the civilized world. american advertisers, film, even literature became highly desired in europe. it's another irony at this time, american movies followed a production code that emphasized universal american themes of patriotism. god, fair play, and they avoided sensationalism, sexual situations and other taboo vices. american movies sold american sensualism including, quote, puritanical mormonism, as one put it. they occasionally made fun of those values through the work of buster keaton and charlie chaplin, but this was never meant to totally undermine the system itself. by 1930 the u.s. had 18,000 movie houses and compared to france's 2400 and britain's 3,000. europe simply could not compete with hollywood, and as long as hollywood sold american exceptionalism, europeans wanted to be like mik
in the u.s. >>> next to fast news. >> a tropical storm dropped a torrent of rain on southern india and sri lanka. it claimed the lives of at least six people in the two countries. by thursday, 160,000 people have been displaced. low-lying areas were heavily flooded. an oil tanker ran aground just before the storm hit. one of the crew was reported drowned when a life boat capsized. coast guard officials say 32 crew members were rescued. they are still searching for the five missing. >>> people continue to flee violence in myanmar. the united nations says more than 28,000 people have been forced out of their homes in the latest wave of fighting. the conflict in the western state of rakine is pitting muslims. at least 84 people have died in the last two weeks, with more than 4,600 houses destroyed. u.n. workers are distributing food and emergency supplies in the area, but that job gets harder by the day as refugees stream into overcrowded camps. >> it's clearly urgent that law and order be restored so access is facilitated for aid to be delivered to those in need. >>> china's second stealth f
interests of countries like china and india in the middle east will increase and the role they will attempt to play is bound to increase because their supplies still become imported from at the same time, given the importance of the islamic world and what will accumulate in the region, continues to add interest in stability the new security team will have to do to make nontraditional assessment of heart they imagine the evolution -- and some of this will depend on the outcome of the election over the period of 10 to 15 years iran emerges as a country conducting normal publicity and will continue to be a country influenced with theological evolution. but that will be -- i expect china and india will become more active players in the region >> i will take the brunt of and ask one last question. we were talking earlier outside about a new country on the american foreign policy agenda, me and mar burma. president obama is going there. something is happening. is it important? how does it matter? >> burma is a country with a large population of potential resources, racked by a military government
'm from france. >> i was born in venezuela. >> south africa. >> hait. >> india. >> i'm from philippines. >> i'm from guinea, west africa. >> senegal. >> just like from many of our ancestors the road here has been long and the americans to become those americans has been recorded in decades, not years. >> 10 years ago. >> 12 years ago. >> 4 years ago. >> 20 years next month. >> i've lived here basically my whole life. >> 24 years. >> but wait they do to find their own american dream, each one deeply personal. >> my american dream is to become a fire fighter. >> my daughter at the school. >> my american dream has to become an american. >> to create my own leg. >> i to be a successful woman. >> to pursue the happiness. >> today that's my american dream. >> right now it means that eventually i'm going to get to vote. >> my american dream is to buy a house in maine. >> you don't have to become like a billionaire. it can be your own business. it can be your own dream. >> learning how democracy works. >> taking part in the rights i'm helping to defend. >> each story unique, but one word the sa
to remember sevita, but stop a repeat of her tranlic death. her husband is back in india, all coming to terms with the loss of a wife, a daughter, of a first grandchild. a death everyone here hopes won't be in vain, that will lead to a change in the irish abortion law. >> so horrible. the hospital will not comment on the details of the case, but they did send us a written statement saying they followed the usual procedures in cases of sudden maternal death. >>> our fifth story, israel at a tipping point. there are new pictures coming out of gaza tonight. this is what's happening. israel is continuing its assault, targeting 300 hamas targets since the military operation began yesterday. it all started with an air strike that called ahmed al-ja'abari. israel says the barrage of rockets is in retaliation to the 750 rockets fired from gaza into the state this year alone and there is collateral damage. egypt's new government is denouncing israel's actions and causing renewed tension between the two countries. that treaty on which so much rests upon. "outfront" tonight, former chief of staff to ben
poor people in china and india into the middle class and one american drops out of the middle class, that is not such a bad trade, 4-1. i spoke to a cfo of a u.s. technology company and this is a person with a charming and lovely life story, his parents were immigrants and he told me his parents told him and his brother when they immigrated that they were temporarily for. imagine that, temporarily poor and sure enough complete rock stars, both of them went to new york. and the mass club, one brother in silicon valley and another is derivative on wall street. the technology cfo, his parents were really angry at him because he dropped out of a ph.d. program in applied math at stanford having gone to harvard to start becoming plutocrats. very hard-working guy, did smart, did great, this is what he said about the american middle-class. we are demand higher paycheck than the rest of the world. if you are going to demand ten times the paycheck you need to deliver ten times the value. it sounds harsh but maybe people of the middle-class need to decide to take a pay cut. similarly, less for
want to be prepared for the long haul. i see a world bursting with opportunities. india, china, brazil, ishares, small-caps, large-caps, ishares. industrials. low cost. every dollar counts. ishares. income. dividends. bonds. i like bonds. ishares. commodities. diversification. choices. my own ideas. ishas. i want to use the same stuff the big guys use. ishares. 9 out of 10 large,professis choose ishares for their etfs. introducing the ishares core, etfs for the heart of your portfolio. taefficient and low cost building blocks to help you keep more of what you earn. call your advisor. visit ishares. yeah, ishares. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. >> in 08, we are in the middle of two wars and the worst economic crisis since the great depression. today, our businesses have created nearly 5.5 milli new jobs and we have learned tat companies hired more workers in october than at any other time in the last eight months. neil: whom i can pi
with opportunities. india, china, brazil, ishares, small-caps, large-caps, ishares. industrials. low cost. every dollar counts. ishares. income. dividends. bonds. i like bonds. ishares. commodities. diversification. choices. my own ideas. ishares. i want to use the same stuff the big guys use. ishares. 9 out of 10 large, professional investors choose ishares for their etfs. introducing the ishares core, etfs for the heart of your portfolio. tax efficient and low cost building blocks to help you keep more of what you earn. call your advisor. visit ishares. yeah, ishares. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. >>> live from the nasdaq market site in times square. the goal is always to buy low and sell high. let's play a little hold them or fold them with two stocks nearing 52-week highs and lows. yahoo up more than 8%. very close to the highest level since may of 2011. so grasso, new ceo, turn around in place. what do you do? >> the stock has been trad
, if the governors decide we're going to put all the money into india, it's their decision rather than the part of the more strategic decision-making process. congress would get involved if all the money went to one country. >> do you think? [laughter] >> there's certain country's bbg would like to get rid of that congress wouldn't allow and that sort of thing. but i'm guessing it really needs to be part of really part of the foreign policy apparatus. >> i want to open up to question. we have time for about 20 minutes. please keep them brief so we can get as many as possible. go ahead. >> first time i ever saw -- was 1967 in taipei at usia. it was in chinese. but now i work with two groups. one is dhi esper diplomats which serves the diplomatic community here in washington, and arranges events to show them what goes on you. also people to people international who post the foreign officers at the national defense university. was happen with this is weak, and we take these our homes and arrange events with them, then go back to the home countries and remember us. when diplomats wife went to thail
there were in india last year? there was one in 2011. there have been zero since that time. we are down to three countries that have polio. that is one of the works of the gates foundation. bill is going to come out and talk for a few moments on another passion of his, which is u.s. education. he will speak here for a few moments. then we have asked david leonhardt, who is the bureau chief of "the new york times" if he will come and join bill up here on our stage and continue with an interview for a few moments. i spoke to david it ahead of time and asked him if he would do this interview. david is a pulitzer prize winner. he asked -- is there was a gates prize? i said -- no, there is not a gates price, david. i hope i didn't take too big a liberty here. in asking in to come, i have committed on behalf of the gates foundation -- when there is a gates prize, that david leonhardt will be the first recipient. [laughter] let me present bill gates. [applause] >> thank you. good afternoon. i want to talk a bit about higher education. the reason i picked that is because i think it has been a h
here as we see demand from china, from india, supportive of prices although, of course, gold following the markets. forecasts from barically's saying itth is the time to be overweight gold, unambiguously positive to have more qe. other metals to watch, palladium, certainly, biggest gaper of 4% on the session, big one-day for palladium, supply concerns out of russia and south africa, also supportive of the platinum market. if you want to play these metals as a retail investors, look at the etfs. >>> to the action here at the nyse, bob pisani here on the nyse floor. last words out of your mouth were much better that yesterday. what kind of steady as she goes? >> even on the vans decline line. volume is light to moderate a heck of a lot better that yesterday. best volume in a long time. and a very strong european close. that was the big factor, big speculation again about spain being involved in perhaps the ecb coming and buying spam nish bonds, all vague speculation but helped the spam nish close and the european close. here is sector up today for the first time this month, utility stock
been on the down side. sales there, generally to the down side, down 11%. china down as well. india's up a little bit. and by the way, purchases of gold using etfs. 56% increase in their volume. that's because a lot of people went out in the third quarter when there was concerns about inflation and kwan kwan todayive easing. guys back to you. >> terrific report, bob. i'm watching the market go up, so much like i used to trade with karen cramer in 1999. the market is up. tareq aziz. was boehner at the country club, that's where we are. >> let's shift to the bond on the dollar. >> jim, if you look at today's action in the treasury, there wasn't a lot of action, if you look at the day chart, we didn't go up very my basis points. on thursday when we saw the big jump in claims, even though it's largely responding to issues related to logistics of sandy and compiling the data, we still made the lower yield of the day, though we're going nowhere quickly. if you want to see meat on the bones, open this chart up for several months. the 160 level is very significant in the sideways pattern in
in mississippi and alabama when they are actually competing with kids in china and india. we must bring our standards up. i talked about career education. more heavy stigmatized of vocational education? there are -- why haev we stigmatized of vocational education. there are kids who do not want to go to harvard. this should be in industries certification in a career like that. all these things matter. i will conclude by saying this frustration out there is real. from some people on my son of the aisle -- so many people on my side of the aisle, i have heard people say things i will mica in baltimore. i will focus on my family and community and the politics to others. others have suggested the american electorate has changed. i cannot believe that is true. i cannot believe that is true. if it is true, the very nature of our country has changed forever. that cannot happen. i cannot believe that is true. i the most are like my parents. all the what is a job that pays them enough money so they can buy a house, take their kids on a trip every once in awhile, do something they enjoyed in life, and
is india, indonesia, or brazil. there are using a mobile phone to access facebook because they have not had access to the broadband laptop or pc. there isn't a infrastructure like there is in the u.s. people here will say it is good to hear updates from france. in the middle east, facebook provide updates to news and people who have any access to affirmation of and you get a story about what facebook means to them. i -- that is awesome. >> do you notice things that they behave differently like a system? they sure more pictures, less links, or ever want interests the same why? >> one interesting thing is cameras. which is something interesting thing. four billion may have access to a touch screen, a gps, a touch screen that was more powerful than what sentence to space, hopefully for a cheap price. we look at that and we say, all these people are going to have video cameras and cameras in their pockets and they will be able to have a lands and to the world that they can share with us. we look at found as being not just consumption devices but also publishing tools and that is an exciting way
traditional forms of national power. emerging powers like india and brazil are gaining clout because of their size, of course, but more the size of their economies than of their military. more about the potential of their markets than their projection of what we used to think of as power. meanwhile, the global economic system, open, free, transparent, and fair, that fueled unprecedented growth is now under unprecedented pressure. trade imbalances, new forms of protectionism, the rise of state capitalism, and crippling public debt. finally, the traditional sources of america's global leadership are in need of renewal. a task for all of us. the cottage industry of cassandras and declinists have dramatically overstated this case, but it is true that the reservoirs of good will that we build up around the world during the 20th century will not and cannot last forever. new generations of young people do not remember gi's liberating their countries, or american development assistance changing the face of their economies were literally saving generations from hunger and disease. they are mo
support to the aussie market. india sensex still on the move now shedding 0.4%. let's also take a look at shares of olam. the agricultural supply chain managers flipped over 10% earlier, but managed to recoup losses ending lower by nearly 8%. the stock was halted earlier this morning after muddy waters questioned its accounting methods. ross, back to you. >> thanks for that. we'll catch you a bit later. you're in europe, we're weight the to the down side by around about 6:4. not mar off the session low. but it comes after good gains yesterday. following strong moves in the u.s., as well. cac 40 down half a percent. weighed town by the moody's downgrade, although expected. and ibex done around 0.4%. french debt market, yields are up to 2.1%. treasuries slightly higher, but still below 6%. ten year bund yields slightly lower. so france is trading with the peripheral in that sense. euro-dollar, 1.2794 is where we stand, dipping slightly on on the back of the french downgrade. dollar-yen 81.26, but the yen has been down at acceseven mont lows. aussie dollar slightly weaker against the u.s.
india and africa. biolight hopes the same technology that has caught on with campers will catch fire across the world. >>> good morning, new york. a beautiful shot of a beautiful sky there. just a few clouds. folks are waking up there. 8:22 on the east coast. 5:22 out west. thanks for watching this morning. >> actor larry hagman has died. his family says the 81-year-old actor was surrounded by family members at the end. they also say he was happy to end his career by resurrecting his favorite character, j.r. ewing. cnn's colleen mcedwards has more now on hagman's career and the role that made him a household name. >> reporter: larry hagman wore many hats in his career, but is best known for the stetson he wore on "dallas." despite roles on film and on stage, hagman will always be remembered as the villainous j.r. ewing. >> and you drove cliff to attempt suicide? >> how was i to know he was going to do a dumb thing like that. >> reporter: when j.r. was shot by an enknown assailant it became one of the most famous cliffhangers in tv history, watched by 300 million people from all aroun
, particularly china and india are very attractive and now perceived as safer locations than before. >> and just a reminder did the trade link series, it's every monday 10:50 cet. how the financial crisis is affecting global trade and how you do business around the world. go to >>> elsewhere in the u.s., congress returns from a thanksgiving break he with talks to resolve the fiscal cliff. with no action by lawmakers and president obama, around 600 billion in tax hikes a and spending cuts would take effect in january. republicans and democrats are still in odds over the cause to raise taxes on the wealthiest and cutting on programs like medicare. but both sides saying they're willing to compromise. >> you have to raise additional revenues. there are ways of doing that. >> republicans always put revenue on the table. democrats always promise to cut spending. we never cut spending. what i'm looking for is more revenue for entitlement reform. >> the house speaker has called for a short term fix to overt the fiscal cliff so congress can work on a bigger deal in 2013. they naed to
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